Five years after the Bear Stearns collapse, where are they now?
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The Center for Public Integrity, a non-partisan investigative news organization, took a look at a handful of senior people at the now defunct investment bank Bear Stearns and found they are now very gainfully employed elsewhere in the financial services industry. It’s a story that gets to a key question about the penalties — or lack thereof — when Wall Street takes the sort of risks that might prompt a taxpayer bailout.
Alison Fitzgerald, a co-author of the piece, joins Marketplace Morning Report host David Brancaccio to discuss. Click on the audio player above to hear more.
Read the full story from the Center for Public Integrity here.
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